with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also … interesting (presumably cultural) differences. We extend our analysis to the commercial real estate market, where stakes are even … higher and market participants arguably more experienced. For the same type of object, professionals cluster significantly …

The compilation of commercial property price indices is a big challenge. In Germany, substantive data gaps prevent the …

Based on a stock-flow model of the housing market we estimate the relationship of house prices and explanatory … macroeconomic variables in Germany using a regional panel dataset for 402 administrative districts. Using regional data exploits the … aggregate district-level residuals for various regional subsets. During the past two years for Germany as a whole single …

1993 is used in a macroeconomic model to estimate key housing market elasticities for Germany. A decomposition suggests …This paper analyses the behaviour of prices and supply on the German housing market taking into account the interaction …